Boston Beer is bearing the brunt of a peaking fad: hard seltzer. Wall Street took notice.
Driving the news: Demand for its Truly Hard Seltzer fell flat. Customers didn't buy nearly as much as the spirits giant anticipated. Now its inventory is piled high with it.
A new(ish) face will be leading NBCUniversal's prime-time coverage of the 2021 Tokyo Olympic Games: veteran sportscaster Mike Tirico.
Why it matters: It's Tirico's first run as prime-time host for the Summer Olympics. Legendary broadcaster Bob Costas hosted 12 Olympic Games between 1988 and 2016 for NBC before handing over the prime-time spot to Tirico in 2018.
New movies and seriesseek to refocus the story of cartel violence on those affected — after years of shows that spotlight narcos — and do not shy from showing the government’s (or even the DEA's) part in atrocities.
Driving the news: Two recent movies just won awards at Cannes.
Over the past couple of weeks, VCs hoping to invest in buzzy cryptocurrency project SushiSwap haven't spent their time wining and dining entrepreneurs as usual. Instead, they were busy commenting in online forums and joining Discord audio chats — since their ability to invest hinges on getting approval from SushiSwap’s token holders.
Why it matters: This isn’t the first time VCs have needed to win over a vast cryptocurrency community, and it certainly won’t be the last.
